Calliditas Therapeutics is a specialty pharmaceutical company based in Stockholm, Sweden focused on identifying, developing and commercializing novel treatments in orphan indications, with an initial focus on renal and hepatic diseases with significant unmet medical needs. Calliditas’ lead product candidate, Nefecon, is a proprietary, novel oral formulation of budesonide, an established, highly potent local immunosuppressant, for the treatment of the autoimmune renal disease IgA nephropathy, or IgAN, for which there is a high unmet medical need and there are no approved treatments. Calliditas is running a global Phase 3 trial within IgAN and, if approved, aims to commercialize Nefecon in the United States. Calliditas is listed on Nasdaq Stockholm (ticker: CALTX) and the Nasdaq Global Select Market (ticker: CALT). Visit www.calliditas.com for further information.
Calliditas is scaling up its US commercial division to market and sell its treatments. The division is expected to grow from around 10 people to over 60 people in 2021. The Controller is a key leader of this division, helping to support and provide financial information to the US finance and accounting functions as well as knowledge and ability to implement SOX Controls and procedures. This role will report directly to Treasurer, Head of FP&A. The Controller must have a deep understanding of the US prescription drug industry, be able to develop and maintain appropriate financial reporting and controls, manage the US Division’s financial operations and manage a team of direct reports. This position will partner with other departments in providing accounting expertise to achieve financial integrity. The candidate is a seasoned accounting and financial professional with experience in public accounting and in a fast-paced private and public company environment who is an established leader in a changing and growing business.
Key tasks and responsibilities
- Helps to identify and define procedures, controls, systems, reports and activities needed to meet the growing accounting needs of the company.
- Develop and maintain a best in practice internal control environment.
- Establish and maintain formal accounting policies, practices, and procedures to ensure US and other applicable GAAP compliance.
- Implement SOX controls processes and procedures at both the Calliditas Group level and US entity level thereby supporting the integrity of the general ledger and financial reporting are in place functioning to meet required design and effectiveness requirements.
- Implement continuous improvement opportunities in all areas especially regarding internal controls.
- Works with functional managers throughout the company to ensure timely and effective information exchange to support accurate accounting and providing information to support managers in their areas of functional responsibility.
- Prepare/review account reconciliations to support the monthly and quarterly closing; reviews and approves journal entries as appropriate; responsible for the consolidation of the monthly financial results and ensures transactions are recorded in compliance with US GAAP.
- Helps prepare and manage workflow with external auditors and internal control auditors for quarterly and year-end review/audits.
- Oversee the company's financial and accounting operations. Responsible for month-end closes, preparation of monthly consolidations for management, evaluating and enforcing contracts, accounting policies and procedures. Establishes internal controls, operating policies and procedures. Prepare and maintains company's financial statements, templates etc.
- Review and process all employee expense reports. Import to Quick books once approved.
- Accounts receivable – log in all incoming vendor invoices after obtaining approval from Team members. Track all corporate expenditures and processing timely payments.
- General Accounting – perform monthly account maintenance on all banking and investment accounts. Verifying, allocating, posting and reconciling accounts.
- Produce error-free accounting reports.
- Field and complete ad hoc tasks within the US Finance operations.
- Ensure that the accounting team meets the deadlines during monthly close.
- Maintain and optimize the finance systems including update of master data, guidelines.
- Develop and manage purchase order system.
- Prepare monthly and or quarterly accruals for vendors who do not bill on a regular basis.
- Process semi-monthly payroll and manage Workman’s Compensation policy.
- Coordinate with outside accounting firm for the preparation of federal and state taxes as well as franchise taxes.
Education and experience requirements
- Bachelor’s degree in accounting, finance or related business field as required; CPA required.
- Minimum of 11-14 years of relevant professional experience required.
- Experience with closing the books for a US company and handling external audits.
- Experience in the pharmaceutical industry is preferred.
- Proficiency with Word and Excel.
- Superior communication, leadership and analytical skills.
- Team player who is self-motivated with strong interpersonal skills and positive demeanor.
- Ability to identify and drive process improvements to better serve the business needs.
- Ability to prioritize assignments, deal with interruptions, and meet deadlines in a fast paced and growth-oriented environment.
- Ability to work collaboratively across departmental functions.
- Must be organized, accurate, analytical and have excellent oral and written communication skills.
- Knowledge in SOX and ability to implement SOX procedures.
Reasons to join the Calliditas Team
- Be a part of a global leader in IgA- Nephropathy and a rapidly growing clinical-stage pharmaceutical company.
- Be a part of the completion of the Nefegard trial and our focus to file for approval with the FDA and EMA.
- Get in on bonus and benefit programs.
- Fast paced small company environment.
Welcome to join the Calliditas Team!